The Perpetual Savings and Loan Association

Status:Inactive as of 03/31/1988
 Merger - Assisted
Successor Bank:Statesman Bank for Savings, FSB
Headquarters:The Perpetual Savings and Loan Association
229 East Park Ave
Waterloo, IA 50703
Established:01/01/1890
FDIC Insurance:12/26/1950
FDIC Cert:#29982
Charter Class:
Total Assets:$112,789,000
Total Deposits:$110,893,000

History

1890-01-01Institution established: Original name:The Perpetual Savings and Loan Association
1988-03-31Acquired First Federated Savings Bank (31371) in NORTH PALM BEACH, FL
1988-03-31Acquired Peoples Federal Savings and Loan Association (30818) in WATERLOO, IA
1988-03-31Acquired The Perpetual Savings and Loan Association in WATERLOO, IA
1988-03-31Failed. Acquired with government financial assistance and subsequently operated as part of Statesman Bank for Savings, FSB (32578)
1988-03-31Acquired First Federal Savings Bank (28766) in WATERLOO, IA
1990-07-27Placed into government conservatorship.
1990-07-27Failed, went into receivership, and then became part of Statesman Federal Savings Bank (33154)
1990-07-27Institution established: Original name:Statesman Federal Savings Bank (33154)
1991-03-01Acquired after government financial assistance and subsequently operated as part of West Des Moines State Bank (15614)
1991-03-01Government conservatorship or bridge bank resolved.
1994-06-24Acquired United Federal Savings Association of Iowa (33358) in DES MOINES, IA as part of a government assisted transaction.
2003-07-19Acquired Hawkeye State Bank (19535) in IOWA CITY, IA
2003-11-19Changed name to West Bank (15614)